Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21 S Us Hwy 12 Hwy Fox Lake, IL 60020

    For Sale
    $429,900

    Mixed Use - Fox Lake, IL

    Type:Mixed Use
    Property size:
    3,078 SF
    Days on Market:
    83
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 21 S Us Hwy 12 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    COMMR
    APN
    05092000340000
    Size
    3,078 SF

    Utilities

    Cooling system
    Central Air, Multi Units, Window Unit(s)

    Building Details

    Year built
    1976
    Number of units
    4
    Roof type
    Composition, Rubber
    Architectural style
    Other

    Realty World Tiffany Real Estate (847) 395-1010 [email protected]

    Listing agent Jack Fields (847) 395-1010 License #475146944

    Listing date Sep 23, 2025

    MLS# 12390534 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building on Highway 12

    This four-unit mixed-use building is located on Highway 12 in Fox Lake. The 3,078 square foot building includes two commercial units on the main level, along with an efficiency apartment. One of the commercial units is currently leased to a barber who has been a tenant for four years and wishes to remain. The second commercial unit has been remodeled and is currently vacant, suitable for leasing or owner occupancy. This unit also has access to approximately 440 square feet of finished office or storage space in the basement. The efficiency apartment, located at the rear of the building on the main level, features an open layout with a bedroom area, kitchen area, and a bathroom. The second floor contains a large living room open to the kitchen, two bedrooms, a full bathroom, and access to a rooftop patio. The full basement is clean and provides space for mechanicals and storage. The building sits on two lots totaling 0.34 acres and includes parking space for approximately 25 cars. The current tenants are on month-to-month leases.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Fox Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.1755
    Latitude
    42.3951

    Nearby Similar for Sale

    • $549,873
      0.24 Acres

      Fox Lake Waterfront Multi-Unit Property

      Multi-unit property with 40 feet of lake frontage.
      50 N Lk Ave, Fox Lake, IL 60020
      View Details
    • $50,000

      Waterfront Lot on Chain O'Lakes

      Waterfront lot with private pier on Chain O'Lakes.
      411 Kings Rd, Fox Lake, IL 60020
      View Details
    • $499,500
      6,000 SF

      Fox Lake Commercial Building For Sale

      Commercial building in Fox Lake with high visibility and flexible zoning.
      400 Washington St, Fox Lake, IL 60020
      View Details
    • Contact for pricing

      Fox Lake Boat Slips Rental

      Boat slips for rent with easy Chain O' Lakes access.
      8300 Reva Bay Ln, Fox Lake, IL 60020
      View Details
    • Contact for pricing

      Fox Lake Boat Slips Rental

      Boat slips for rent with access to Chain O' Lakes.
      8300 Reva Bay Ln, Fox Lake, IL 60020
      View Details
    • $265,000
      1,444 SF

      Move-In Ready Townhome in Fox Lake

      Well-maintained 2-bedroom, 2-bath ranch-style townhome built in 2018.
      7085 Hidden Green Cir, Fox Lake, IL 60020
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Four-unit mixed-use building with commercial and residential spaces on 0.34 acres.
    Where is this mixed-use property located?
    The property is located at 21 S Us Hwy 12 Hwy Fox Lake, IL.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: - High-exposure location on Highway 12 in Fox Lake, ideal for commercial tenants or owner-occupant; - Four-unit building offering diverse income streams: two commercial units, an efficiency apartment, and a two-bedroom apartment; - Remodeled vacant commercial unit ready for immediate lease or owner occupancy, including 440 sq ft of finished basement space
    (847) 395-1010
    Request Owner's contact information
    21 S Us Hwy 12 Hwy Fox Lake, IL 60020
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21 S Us Hwy 12 Hwy
    Fox Lake, IL 60020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 S Us Hwy 12 Hwy Fox Lake, IL 60020
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.